Aviation Insurance: How to Navigate Today’s Challenging Market

Stephen Johns, partner at LLJohns Aviation Insurance speaks to Tony Kioussis about the challenging period the aviation insurance industry is having, the state of the current market, and what can be expected going forward...

Tony Kioussis  |  26th August 2021
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Tony Kioussis
Tony Kioussis

As president & CEO, Asset Insight, LLC, Tony provides valuations, audits, analytics and consulting...

Stephen Johns, the Partner at LLJohns Aviation Insurance responsible for leading the company and managing daily operations, discusses what is, by all accounts, a challenging period in the insurance industry. Topics covered include:

  • The state of the current market, and how the Business Aviation industry got here.
  • What today’s market means to an aircraft owner and what can they expect going forward. 
  • The entities, or types of owners, that have been hit the hardest.
  • The types of owners that have been impacted the least.
  • Best practices owners and operators should follow to best navigate the current market.

About Steve Johns

Growing up around aviation, Steve shared his father Larry’s passion for flying. Steve started flight school in high school and soloed at the age of 16. Focusing on his education, Steve completed his training and received his private pilot’s license 5 years later.

After graduating from the University of Michigan, Steve joined Larry at LLJohns and began a journey that would last 30 years and counting.

Throughout his career, Steve has served both charitable and organizational groups in leadership roles. Steve served as Chairman of the Board for Angel-Flight Michigan, an organization providing flight services for those in need. Steve also spent 6 years on the board of directors with the National Aircraft Finance Association and as a member of the National Aviation Business Association.

Today, Steve is responsible for leading LLJohns and running daily operations. Everyone at LLJohns is client focused and that comes from Steve’s leadership and dedication to their clients. While maintaining his own group of clients, Steve sets the standard for the rest of the team, fostering the culture that has made LLJohns a leader in the aviation insurance industry.

Along with leading the operational segment of the business, Steve enjoys digging into the numbers, identifying trends and developing efficiencies within the industry and his own business

LLJohns Aviation Insurance

LLJohns Aviation Insurance is a select group of highly experienced professionals to all things aviation, who offer unsurpassed personalized attention to their clients. With almost 50 years of experience behind them, the specialists at LLJohns pride themselves in long-standing relationships based on integrity and honor.

We insure Fortune 500 companies and weekend pilots, Gulfstreams and Pipers, Part-139 airports and T-hangars. But we put the full weight of LLJohns behind serving our most important client: You.

To read the transcript for this podcast, click here

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Tony Kioussis

Tony Kioussis

Editor, Aircraft Value & Maintenance Analysis

As president & CEO, Asset Insight, LLC, Tony provides valuations, audits, analytics and consulting services, and a uniform methodology for grading an aircraft’s maintenance condition.

Previously he was VP, strategic marketing, GE Capital’s Corporate Aircraft Finance group; VP, aircraft sales, Jet Aviation Business Jets; and sales director, airframe programs, JSSI, developing the “Tip-to-Tail” airframe hourly cost maintenance program.



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